Purple Innovation (PRPL) Stock Forecast, Price Target & Predictions
PRPL Stock Forecast
Purple Innovation stock forecast is as follows: an average price target of $2.87 (represents a 246.33% upside from PRPL’s last price of $0.83) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
PRPL Price Target
PRPL Analyst Ratings
Hold
Purple Innovation Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 04, 2024 | Seth Basham | Wedbush | $1.10 | $1.11 | -0.90% | 32.74% |
Aug 06, 2024 | Jeremy Hamblin | Craig-Hallum | $1.50 | $1.19 | 26.06% | 81.01% |
Aug 06, 2024 | Seth Basham | Wedbush | $1.75 | $1.18 | 48.31% | 111.17% |
Mar 13, 2024 | Jeremy Hamblin | Craig-Hallum | $2.00 | $1.66 | 20.48% | 141.34% |
Mar 02, 2022 | Matt Koranda | Roth Capital | $6.00 | $6.65 | -9.77% | 624.03% |
10
Purple Innovation Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 4 |
Avg Price Target | - | $1.10 | $1.59 |
Last Closing Price | $0.83 | $0.83 | $0.83 |
Upside/Downside | -100.00% | 32.74% | 91.87% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 04, 2024 | Wedbush | Outperform | Neutral | Downgrade |
Aug 23, 2024 | KeyBanc | Overweight | Overweight | Hold |
Aug 06, 2024 | Craig-Hallum | Hold | Hold | Hold |
Aug 06, 2024 | Wedbush | Outperform | Outperform | Hold |
Mar 13, 2024 | Wedbush | Outperform | Outperform | Hold |
Mar 13, 2024 | Craig-Hallum | Hold | Hold | Hold |
Mar 13, 2024 | Wedbush | Hold | Hold | Hold |
Mar 13, 2024 | Craig-Hallum | Underperform | Underperform | Hold |
Mar 21, 2023 | UBS | Neutral | Neutral | Hold |
Nov 10, 2022 | Craig-Hallum | - | Buy | Upgrade |
10
Purple Innovation Financial Forecast
Purple Innovation Revenue Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $145.94M | $140.00M | $120.87M | $109.37M | $145.12M | $143.28M | $144.11M | $143.18M | $186.43M | $170.78M | $182.59M | $186.43M | $173.89M | $187.11M | $165.10M | $122.38M | $124.30M | $117.41M | $103.00M | $83.65M | $60.98M |
Avg Forecast | $136.78M | $126.74M | $121.38M | $117.50M | $130.65M | $126.63M | $126.45M | $122.14M | $145.57M | $158.53M | $130.36M | $104.80M | $143.48M | $139.14M | $155.79M | $129.26M | $178.88M | $198.33M | $181.67M | $175.40M | $196.22M | $175.37M | $175.88M | $106.97M | $119.02M | $105.29M | $94.90M | $71.20M | $121.60M |
High Forecast | $140.96M | $130.61M | $125.09M | $120.86M | $132.55M | $126.63M | $127.19M | $122.14M | $148.58M | $158.53M | $134.34M | $108.01M | $147.87M | $139.14M | $155.79M | $129.26M | $178.88M | $198.33M | $181.67M | $175.40M | $196.22M | $175.37M | $175.88M | $106.97M | $119.02M | $105.29M | $94.90M | $71.20M | $145.92M |
Low Forecast | $130.37M | $120.80M | $115.69M | $109.87M | $127.83M | $126.63M | $125.70M | $122.14M | $143.73M | $158.53M | $124.25M | $99.89M | $136.76M | $139.14M | $155.79M | $129.26M | $178.88M | $198.33M | $181.67M | $175.40M | $196.22M | $175.37M | $175.88M | $106.97M | $119.02M | $105.29M | $94.90M | $71.20M | $97.28M |
# Analysts | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 |
Surprise % | - | - | - | - | - | - | - | - | 1.00% | 0.88% | 0.93% | 1.04% | 1.01% | 1.03% | 0.93% | 1.11% | 1.04% | 0.86% | 1.01% | 1.06% | 0.89% | 1.07% | 0.94% | 1.14% | 1.04% | 1.12% | 1.09% | 1.17% | 0.50% |
Forecast
Purple Innovation EBITDA Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 |
EBITDA | - | - | - | - | - | - | - | - | $-16.20M | $-19.46M | $-37.28M | $-15.03M | $155.56M | $5.99M | $-8.48M | $-14.51M | $-19.90M | $2.50M | $3.98M | $27.59M | $-7.83M | $6.43M | $-33.95M | $11.72M | $-558.00K | $3.87M | $815.00K | $1.74M | $-270.00K |
Avg Forecast | $-9.92M | $-9.19M | $-8.80M | $-8.52M | $-9.47M | $-9.18M | $-9.17M | $-8.86M | $-10.55M | $-11.49M | $-9.45M | $-7.60M | $-10.40M | $5.17M | $5.79M | $-13.73M | $6.65M | $7.37M | $6.75M | $21.68M | $7.29M | $6.52M | $6.54M | $7.65M | $4.42M | $3.91M | $3.53M | $3.09M | $-364.50K |
High Forecast | $-9.45M | $-8.76M | $-8.39M | $-7.97M | $-9.27M | $-9.18M | $-9.11M | $-8.86M | $-10.42M | $-11.49M | $-9.01M | $-7.24M | $-9.92M | $5.17M | $5.79M | $-10.99M | $6.65M | $7.37M | $6.75M | $26.02M | $7.29M | $6.52M | $6.54M | $9.19M | $4.42M | $3.91M | $3.53M | $3.70M | $-291.60K |
Low Forecast | $-10.22M | $-9.47M | $-9.07M | $-8.76M | $-9.61M | $-9.18M | $-9.22M | $-8.86M | $-10.77M | $-11.49M | $-9.74M | $-7.83M | $-10.72M | $5.17M | $5.79M | $-16.48M | $6.65M | $7.37M | $6.75M | $17.34M | $7.29M | $6.52M | $6.54M | $6.12M | $4.42M | $3.91M | $3.53M | $2.47M | $-437.40K |
Surprise % | - | - | - | - | - | - | - | - | 1.53% | 1.69% | 3.94% | 1.98% | -14.95% | 1.16% | -1.47% | 1.06% | -2.99% | 0.34% | 0.59% | 1.27% | -1.07% | 0.99% | -5.19% | 1.53% | -0.13% | 0.99% | 0.23% | 0.56% | 0.74% |
Forecast
Purple Innovation Net Income Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 |
Net Income | - | - | - | - | - | - | - | - | $-18.33M | $-36.00M | $-37.51M | $-23.41M | $-70.17M | $2.28M | $-8.41M | $-13.63M | $-21.76M | $2.17M | $2.58M | $20.82M | $-2.13M | $-1.02M | $-1.98M | $8.84M | $-12.73M | $1.59M | $-1.34M | $-130.00K | $-1.43M |
Avg Forecast | $-3.45M | $-7.05M | $-8.18M | $-10.25M | $-8.33M | $-10.92M | $-13.11M | $-17.30M | $-19.24M | $-2.64M | $-12.73M | $-13.65M | $-6.28M | $-7.30M | $-7.30M | $-17.75M | $-29.50M | $16.22M | $13.58M | $16.36M | $12.36M | $26.11M | $11.67M | $5.77M | $4.74M | $2.15M | $-29.09M | $-231.11K | $-1.93M |
High Forecast | $-3.24M | $-6.62M | $-7.68M | $-7.18M | $-4.16M | $-10.25M | $-12.31M | $-16.24M | $-16.20M | $-2.47M | $-11.96M | $-12.82M | $-5.89M | $-7.30M | $-7.30M | $-14.20M | $-29.50M | $16.22M | $13.58M | $19.63M | $12.36M | $26.11M | $11.67M | $6.93M | $4.74M | $2.15M | $-29.09M | $-184.89K | $-1.54M |
Low Forecast | $-3.58M | $-7.33M | $-8.50M | $-12.30M | $-12.49M | $-11.35M | $-13.63M | $-17.98M | $-22.28M | $-2.74M | $-13.24M | $-14.20M | $-6.52M | $-7.30M | $-7.30M | $-21.29M | $-29.50M | $16.22M | $13.58M | $13.09M | $12.36M | $26.11M | $11.67M | $4.62M | $4.74M | $2.15M | $-29.09M | $-277.33K | $-2.31M |
Surprise % | - | - | - | - | - | - | - | - | 0.95% | 13.66% | 2.95% | 1.71% | 11.18% | -0.31% | 1.15% | 0.77% | 0.74% | 0.13% | 0.19% | 1.27% | -0.17% | -0.04% | -0.17% | 1.53% | -2.69% | 0.74% | 0.05% | 0.56% | 0.74% |
Forecast
Purple Innovation SG&A Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 |
SG&A | - | - | - | - | - | - | - | - | $61.76M | $70.34M | $72.82M | $61.84M | $58.92M | $56.17M | $59.15M | $67.85M | $94.31M | $65.88M | $82.31M | $68.89M | $73.29M | $62.29M | $48.10M | $44.23M | $55.61M | $40.80M | $43.90M | $28.58M | $28.81M |
Avg Forecast | $57.93M | $53.67M | $51.41M | $49.76M | $55.33M | $53.63M | $53.55M | $51.73M | $61.65M | $67.14M | $55.21M | $44.39M | $60.77M | $58.93M | $65.98M | $89.17M | $75.76M | $83.99M | $76.94M | $54.13M | $83.10M | $74.27M | $74.49M | $28.89M | $50.41M | $44.59M | $40.19M | $50.81M | $38.89M |
High Forecast | $59.70M | $55.32M | $52.98M | $51.19M | $56.13M | $53.63M | $53.87M | $51.73M | $62.92M | $67.14M | $56.90M | $45.74M | $62.62M | $58.93M | $65.98M | $107.00M | $75.76M | $83.99M | $76.94M | $64.96M | $83.10M | $74.27M | $74.49M | $34.67M | $50.41M | $44.59M | $40.19M | $60.97M | $46.67M |
Low Forecast | $55.21M | $51.16M | $49.00M | $46.53M | $54.14M | $53.63M | $53.24M | $51.73M | $60.87M | $67.14M | $52.62M | $42.30M | $57.92M | $58.93M | $65.98M | $71.34M | $75.76M | $83.99M | $76.94M | $43.30M | $83.10M | $74.27M | $74.49M | $23.11M | $50.41M | $44.59M | $40.19M | $40.65M | $31.11M |
Surprise % | - | - | - | - | - | - | - | - | 1.00% | 1.05% | 1.32% | 1.39% | 0.97% | 0.95% | 0.90% | 0.76% | 1.24% | 0.78% | 1.07% | 1.27% | 0.88% | 0.84% | 0.65% | 1.53% | 1.10% | 0.91% | 1.09% | 0.56% | 0.74% |
Forecast
Purple Innovation EPS Forecast
Quarter
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 5 | 6 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 |
EPS | - | - | - | - | - | - | - | - | $-0.17 | $-0.34 | $-0.36 | $-0.24 | $-0.77 | $0.03 | $-0.10 | $-0.20 | $-0.33 | $0.03 | $0.04 | $0.32 | $-0.04 | $-1.97 | $-0.20 | $0.88 | $-0.89 | $-0.11 | $-0.75 | $-0.67 | $-0.25 |
Avg Forecast | $-0.03 | $-0.07 | $-0.08 | $-0.10 | $-0.08 | $-0.10 | $-0.12 | $-0.16 | $-0.18 | $-0.02 | $-0.12 | $-0.13 | $-0.06 | $-0.07 | $-0.07 | $-0.35 | $-0.27 | $0.15 | $0.13 | $0.12 | $0.11 | $0.24 | $0.11 | $0.04 | $0.04 | $0.02 | $-0.27 | $-0.81 | $-0.05 |
High Forecast | $-0.03 | $-0.06 | $-0.07 | $-0.07 | $-0.04 | $-0.10 | $-0.11 | $-0.15 | $-0.15 | $-0.02 | $-0.11 | $-0.12 | $-0.05 | $-0.07 | $-0.07 | $-0.35 | $-0.27 | $0.15 | $0.13 | $0.12 | $0.11 | $0.24 | $0.11 | $0.04 | $0.04 | $0.02 | $-0.27 | $-0.81 | $-0.04 |
Low Forecast | $-0.03 | $-0.07 | $-0.08 | $-0.11 | $-0.12 | $-0.11 | $-0.13 | $-0.17 | $-0.21 | $-0.03 | $-0.12 | $-0.13 | $-0.06 | $-0.07 | $-0.07 | $-0.35 | $-0.27 | $0.15 | $0.13 | $0.12 | $0.11 | $0.24 | $0.11 | $0.04 | $0.04 | $0.02 | $-0.27 | $-0.81 | $-0.06 |
Surprise % | - | - | - | - | - | - | - | - | 0.95% | 13.87% | 3.04% | 1.89% | 13.19% | -0.44% | 1.48% | 0.58% | 1.21% | 0.20% | 0.32% | 2.65% | -0.31% | -8.13% | -1.85% | 23.17% | -20.23% | -5.50% | 2.78% | 0.83% | 5.00% |
Forecast
Purple Innovation Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PRPL | Purple Innovation | $0.83 | $2.87 | 245.78% | Hold |
LEG | Leggett & Platt | $11.28 | $22.33 | 97.96% | Hold |
LCUT | Lifetime Brands | $5.51 | $10.25 | 86.03% | Buy |
MBC | MasterBrand | $16.42 | $20.00 | 21.80% | Buy |
MHK | Mohawk Industries | $135.73 | $161.36 | 18.88% | Hold |
ETD | Ethan Allen Interiors | $28.97 | $33.00 | 13.91% | Hold |
SNBR | Sleep Number | $11.67 | $12.00 | 2.83% | Hold |
AMWD | American Woodmark | $94.93 | $96.75 | 1.92% | Buy |
TPX | Tempur Sealy | $53.51 | $50.00 | -6.56% | Buy |